Validator Transparency Report. As stated previously June 1st we set our fee at 5% $one fam. This will be used to support new and unelected validators. @validity_one made election again and looks stable now. @TokenNuggets not far behind 😍 @harmonyprotocol#decentralization
For our delegators we ran the random generator and address 25 won 1000 $one. Expect it this evening. This is a flash thank you for the support. We will occasionally do these.
For the 5% fee math as you can see 95% stays with the delegators and the validator receives a 5% commission $one fam. If you choose to move to a 0% validator. I hope it will be a new up and coming validator. Thank you for the support.
Proof of transaction for the delegator #25 with wallet address ending in 8g8, enjoy! explorer.harmony.one/#/tx/0x902851c…
Thanks for supporting us! $one
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Staking rewards on @harmonyprotocol $one a [Thread]
Reward factors:
Rewards are factored by a few different things currently. Total keys on a shard, shard speed, amount staked and validator uptime.
[1]The first thing that effects rewards is total keys on the shard. There are 4 shards and the block rewards are divided between the validator keys in relation to the amount staked. If a shard has fewer keys it will be divided by less and the rewards will rise for that shard.
[2]Shard speed is the second thing, how fast a shard is making it through the blocks will determine how many block rewards that shard divvies out.